DE30 drops to the lowest level since late-November
Moods on the European stock markets on the final trading day of the week are sour. Markets are starting to realize that the no-deal Brexit option is becoming more and more real. Ursula von der Leyen briefed EU leaders today saying that it actually is the most likely outcome now as negotiators remain far apart on key issues. On top of that, pandemic continues to ravage throughout Europe with Germany reporting a record number of cases and deaths yesterday. DE30 dropped below the 13,150 pts and reached the lowest level since November 23.
DE30 plunged below the upward trendline and the downward move has accelerated. German index is testing the price zone at 13,150 pts. Source: xStation5
